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goHenry helps young people learn how to earn, save and spend responsibly. Combining web and mobile apps with a pre-paid debit card with parental controls, goHenry gives 8 to 18 year olds hands on experience of managing money within a safe environment. Parents set rules and limits, can allocate pocket money automatically or set tasks and chores for their children to earn extra money. They and the kids can see their earnings, spending and saving on graphs. Children and teens can also use budgeting tools to set savings goals, and track and filter spending by retailer, size of spend and category. It’s a way to give young people financial independence so they can learn by doing, but under a watchful eye and with no danger of debt. goHenry was set up by a small group of parents and friends, unable to find the right tools to teach their own children about money.
Each integration enriches the platform with data or features that provide comprehensive service and enhance the customer experience.